GLOBAL AND DOMESTIC GOLD PRICE STAGNANT

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Indonesian- The world's gold prices opened unchanged in early trading this week after last weekend's trades held at the lowest level in four months amid a stronger US dollar. Quoted by Reuters on Monday, December 11, 2017, the price of gold in the international spot market stagnated at the level of US $ 1,247.8 per ounce. Meanwhile, US gold futures rose 0.1 percent to as low as US $ 1,250.1 per ounce. The immensity of gold prices this morning also fell supported by the stable trading of US dollars in Asia Monday morning. In addition, the expectation of US interest rate hikes this month is also higher. Domestic gold Domestically, the price of gold PT Aneka Tambang Tbk, on this day also recorded unnatural changes compared with last Saturday's trading weekend. Quoted from data of Business Unit Processing and Purification of Logam Mulia Antam, Monday, December 11, 2017, for purchases at the office Pulogadung, East Jakarta, gold dibanderol approximately Rp613 thou...
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APPLE IS CLOSE TO BUYING THE MUSIC APP SHAZAM $400M

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APPLE IS CLOSE TO BUYING THE MUSIC APP SHAZAM $400M
Apple is close to buying the music recognition app Shazam for about $400m (£300m)
Shazam, a UK company founded in 1999, allows people to use their smartphone or computer to identify and buy music through a snippet of sound.

Shazam, which says it has more than 100 million monthly users, makes most of its revenue from commissions paid on referrals to Apple's iTunes Store.

Neither Apple nor Shazam have commented on the reports on the TechCrunch site.

If the deal is confirmed, Shazam will become the latest in a string of UK technology firms to be bought up by larger businesses.

 Shazam - a billion dollar London success

The influential Music Business Worldwide site points out that the reported price is significantly lower than the $1bn valuation placed on Shazam during its last funding round in 2015.

By acquiring Shazam, Apple would basically cut out the middleman and save money on commissions.

It would also hurt the competition, since Shazam would no longer be referring people to rivals Spotify and Google Play Music.

The deal would also help the Apple Music service gain ground on Spotify, by making it easier for users to find songs and add them to playlists.

At present, Spotify has 60 million users worldwide, while Apple Music has just 27 million.

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